Robert H. Odimegwu, 43, formerly of Dedham, Massachusetts, a developer, was charged in a superseding indictment in connection with a multi-year, multi-property mortgage fraud scheme in Massachusetts.
Odimegwu has been charged by a federal grand jury with 13 counts of wire fraud and four counts of money
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Ronald Lee Wheeler, 69, Murray, Iowa, was sentenced to time served and immediately placed on five years of supervised release for providing false statements to a financial institution in 2006. United States District Court Senior Judge Ronald Longstaff also ordered Wheeler to pay restitution in the amount of $821,134, a $100.00 assessment for the Crime Victim Fund and serve 200
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Michael Anthony Hickson, 48, Commack, New York, former chief financial officer of Metro Dream Homes, was sentenced by U.S. District Judge Roger W. Titus to 10 years in prison, followed by three years of supervised release, for a fraud conspiracy, wire fraud and conspiracy to commit money laundering in connection with his participation in a massive mortgage fraud scheme which
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Franklin R.York, Pella, Iowa, a former attorney, pled guilty in federal court in Des Moines, Iowa, to one count of wire fraud.
According to the written plea agreement, York owned and operated Escrow and Closing Services of Marion County, LLC since 2005 and provided real estate closing and refinancing
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“They are allowing consumers to come up with comments saying what they would like to see in these forms,” said Rachel Dollar, partner at Smith Dollar in Santa Rosa.
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A total of 13 defendants have been indicted in Ohio on mortgage fraud offenses involving nearly 13 million dollars in fraudulent loans, 9 of which worked for Argent Mortgage Company.
Denise (O’Brock) Kobus – Argent account manager
Lee Bentley Farkas, 58, Ocala, Florida, the former chairman and owner of Taylor, Bean & Whitaker (TBW), was sentenced to 30 years in prison and ordered to forfeit approximately $38.5 million for his role in a more than $2.9 billion fraud scheme that contributed to the failure of Continue Reading...
In 2009…there were 52 workplace fatalities in a BLS-defined real estate industry subcategory, which includes lessors of real estate, real estate agents and brokers, and those who conduct activities related to real estate, such as property managers and appraisers.
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Louis C. Nardone III, doing business as Precision Marketing Group, has been sued for violations of the registration and fraud provisions of the Idaho Uniform Securities Act concerning a real estate investment scam. Nardone operated from Lake Mohegan, New York.
The Complaint alleges that the Defendant obtained
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Richard Wayne Hope, 53, Denham, Louisiana, formerly of Hagerstown, Maryland, was sentenced by U.S. District Judge William M. Nickerson to 30 months in prison, followed by three years of supervised release, for conspiracy to commit bank fraud in connection with a $1.75 million loan he obtained on behalf of a company. Judge Nickerson also ordered Richard Hope to pay
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